Common use of COMPENSATION AND GUARANTEED MAXIMUM PRICE Clause in Contracts

COMPENSATION AND GUARANTEED MAXIMUM PRICE. 7.1 The Owner shall compensate the Construction Manager for Work performed on the following basis: 7.1.1 the Cost of the Work as allowed in Article 8; and 7.1.2 the Construction Manager's Fee paid in proportion to the Work performed subject to adjustment as provided in Section 7.4. 7.2 The compensation to be paid under Section 7.1 shall be limited to the GMP established in an Amendment, as the GMP may be adjusted under Article 9. If the total compensation to be paid under Section 7.1 is less than the GMP, the difference between the GMP and the total compensation to be paid shall accrue to the Owner. 7.2.1 Payment for Work performed shall be as set forth in Article 10.

COMPENSATION AND GUARANTEED MAXIMUM PRICE. 7.1 The Owner shall compensate the Construction Manager for Work performed on the following basis: 7.1.1 : the Cost of the Work as allowed in Article 8; and 7.1.2 and the Construction Manager's Fee paid in proportion to the Work performed subject to adjustment as provided in Section 7.4. 7.2 . The compensation to be paid under Section 7.1 shall be limited to the GMP established in an Amendment, as the GMP may be adjusted under Article 9. If the total compensation to be paid under Section 7.1 is less than the GMP, the difference between the GMP and the total compensation to be paid shall accrue to the Owner. 7.2.1 . Payment for Work performed shall be as set forth in Article 10.

COMPENSATION AND GUARANTEED MAXIMUM PRICE. 7.1 The Owner shall compensate the Construction Manager for Work performed on the following basis: 7.1.1 the Cost of the Work as allowed in Article ARTICLE 8; and 7.1.2 the Construction Manager's Fee paid in proportion to the Work performed subject to adjustment as provided in Section section 7.4. 7.2 The compensation to be paid under Section 7.1 shall be limited to the GMP established in an AmendmentContract No. 2, as the GMP may be adjusted under Article ARTICLE 9. If the total compensation to be paid under Section 7.1 is less than the GMP, the difference between the GMP and the total compensation to be paid shall accrue to the Owner. 7.2.1 Payment for Work performed shall be as set forth in Article ARTICLE 10.

COMPENSATION AND GUARANTEED MAXIMUM PRICE. 7.1 The Owner shall compensate the Construction Manager for Work performed on the following basis: 7.1.1 the Cost of the Work as allowed in Article 8; and 7.1.2 the Construction Manager's Fee paid in proportion to the Work performed subject to adjustment as provided in Section 7.4. 7.2 The compensation to be paid under Section 7.1 shall be limited to the GMP established in an Amendment, as the GMP may be adjusted under Article 9. If the total compensation to be paid under under Section 7.1 is less than the GMP, the difference between the GMP and the total compensation to be paid shall accrue to the Owner. 7.2.1 Payment for Work performed shall be as set forth in Article 10.

COMPENSATION AND GUARANTEED MAXIMUM PRICE. 7.1 The Owner shall compensate the Construction Manager for Work performed on the following basis: 7.1.1 the Cost of the Work as allowed in Article ARTICLE 8; and 7.1.2 the Construction Manager's Fee paid in proportion to the Work performed subject to adjustment as provided in Section section 7.4. 7.2 The compensation to be paid under Section 7.1 shall be limited to the GMP established in an AmendmentAmendment 1, as the GMP may be adjusted under Article ARTICLE 9. If the total compensation to be paid under Section 7.1 is less than the GMP, the difference between the GMP and the total compensation to be paid shall accrue to the Owner. 7.2.1 Payment for Work performed shall be as set forth in Article ARTICLE 10.